ChainCatcher news, according to The Block citing Business Insider, after the unannounced release of an interview between FTX founder Sam Bankman-Fried (SBF) and Tucker Carlson on Thursday, SBF's crisis PR manager has resigned. Mark Botnick started representing SBF after the collapse of his cryptocurrency exchange FTX in November 2022, and he resigned on Thursday after learning about the interview. This is the second interview SBF has given since breaking his two-year public silence after being incarcerated. These interviews seem to be part of his attempt to seek a presidential pardon. In both interviews, SBF praised President Trump, criticized the previous Biden administration, and argued that he began to take the Republican Party more seriously after failing to engage with former SEC Chairman Gary Gensler.SBF was perhaps best known before his arrest as a billionaire practicing "effective altruism," having donated large sums to Democratic politicians. From the billions in funds collapsing at FTX to the year he faced court proceedings, SBF has given countless media interviews, sometimes getting himself into trouble. On one occasion, he even showed a reporter his ex-girlfriend's diary, which led to his imprisonment to prevent potential witness tampering. Botnick reportedly worked with SBF during this time. It is said that the PR manager was also caught off guard when SBF posted on X about the Trump administration's attempts to fire federal employees.

ChainCatcher news, according to Fox Business reporter Eleanor Terrett, Coinbase is trying to determine the specific amount of spending by the U.S. Securities and Exchange Commission (SEC) on non-fraud investigations and enforcement actions against the crypto industry under former chairman Gary Gensler.Coinbase submitted a Freedom of Information Act (FOIA) request this morning for all investigation and litigation information related to the issuance and sale of digital assets, secondary market trading, staking, and lending from April 17, 2021, to January 20, 2025. The request also includes the number and names of investigations and enforcement actions during this period, as well as the work hours and compensation information of SEC employees and contractors, and requests the disclosure of budget and compensation details for the SEC's crypto assets and cyber division.Coinbase Chief Legal Officer Paul Grewal stated that this move is aimed at providing transparency to American taxpayers, and he hopes the new SEC leadership can continue to turn a new page in accountability. As of the time of publication, the SEC has not responded to the request for comment.

ChainCatcher news, according to Bloomberg, former investigative journalist Jason Leopold has released a series of internal documents obtained from the U.S. Securities and Exchange Commission (SEC) through the Freedom of Information Act (FOIA) over the past six months. This batch of documents includes:Email correspondence records of SEC Chairman Gary Gensler;Several confidential letters sent by Tesla's legal team regarding the SEC's ongoing enforcement actions against Elon Musk;An investigation report on the hacking incident of the SEC's official X account;Relevant investigation documents regarding deepfake images appearing on the X platform and their impact on the market;Multiple reports from the Inspector General;Leopold stated that obtaining these documents involved a lengthy process, including regularly following up on the application status, negotiating with the agency, and narrowing the scope of the request, with some content still redacted. These documents will provide the public with important reference information about the internal workings of the SEC.

ChainCatcher news, cryptocurrency exchange Gemini co-founder Tyler Winklevoss announced on the X platform that as long as the Massachusetts Institute of Technology (MIT) is associated with Gary Gensler, the exchange will not hire any graduates from the school, and Gemini's summer internship program will also not hire interns from MIT.

ChainCatcher news, FOX Business reporter Eleanor Terrett posted on X: "Former U.S. SEC Chairman Gary Gensler has returned to MIT as a practice professor in the Global Economics and Management Group and the Finance Group.According to the university, he will teach and research artificial intelligence, finance, fintech, and public policy."

ChainCatcher News, SEC Chairman Gary Gensler has officially resigned.According to new appointment documents released by the White House, Mark Uyeda has been appointed as the acting chairman of the SEC.It is reported that Uyeda is a Republican and has served as an SEC commissioner since June 30, 2022. Before becoming an SEC commissioner, Uyeda worked at the SEC for over 15 years. FOX Business previously reported that Mark Uyeda aims to assist Trump in fulfilling the promise to end the Biden administration's so-called "crypto war."

ChainCatcher News, the U.S. SEC stated in a statement that today is Gary Gensler's last day serving at the U.S. Securities and Exchange Commission. Chairman Gensler has a long history of public service and joined the SEC in 2021.Previously, he served as the Chairman of the Commodity Futures Trading Commission, Deputy Secretary of the Treasury responsible for domestic finance, Assistant Secretary of the Treasury for Financial Markets, and Senior Advisor to U.S. Senator Paul Sarbanes. He brought his extensive experience and knowledge in financial markets to the chairmanship, and we worked together to advance the Commission's mission to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.Although as commissioners we approached policy issues from different perspectives, we maintained dignity in our disagreements. Chairman Gensler has been committed to bipartisan cooperation and the exchange of ideas with mutual respect, which has helped enhance our service to the American public. For this, we are deeply grateful.

ChainCatcher news, Coinbase CEO Brian Armstrong said: "I believe we finally have the opportunity to get some regulatory clarity on some outstanding major issues in the U.S., frankly, under Gary Gensler's leadership, we haven't received any clear guidance for a long time."

ChainCatcher message, Gary Gensler allegedly posted a farewell on the X platform, stating: It has been my honor to serve as the Chair of the U.S. Securities and Exchange Commission. Public service is about giving back to our communities, whether they are neighborhoods, counties, or states; or, as part of this agency, I firmly believe that capital markets, competition, and common-sense rules benefit both investors and issuers. This is why the SEC and its staff play a critical role in overseeing the markets and ensuring compliance with common-sense rules of U.S. securities law:We have reduced costs and risks and enhanced the integrity of our two largest markets—the nearly $60 trillion stock market and the $28 trillion bond market;We have helped improve the transparency and integrity of corporate governance for public companies, including implementing new cooling-off periods and other conditions before insiders of companies that may possess significant non-public information trade their company’s securities;We have established rules requiring regulated broker-dealers and investment advisers to notify clients of data breaches that may put personal information at risk;We have laid the groundwork for important debates regarding the growing applications of artificial intelligence in the financial sector;We have updated the rules for the stock and bond markets, shortening the settlement cycle;We have returned over $2.7 billion to harmed investors.

ChainCatcher news, Fox Business reporter Eleanor Terrett posted on X that the Solana ETF had previously been in contact with SEC staff, but its 19b-4 application was subsequently rejected. As Gary Gensler will step down in three business days, the market is focused on the future developments and timelines of LTC, XRP, and SOL ETFs.

ChainCatcher news, according to Cointelegraph, U.S. SEC Chairman Gary Gensler stated in an interview with CNBC's Squawk Box that he believes the funding from cryptocurrency voters and digital asset interest groups is unlikely to influence the U.S. election, resulting in a victory for President Trump.Gensler will step down on the day of Trump's inauguration, and he discussed his previous talking points on investor protection during his leadership at the SEC in the interview.Gensler said, "I believe that, although as you pointed out, this election has raised funds from the cryptocurrency space, I think it is unrelated to the outcome of this election. The cryptocurrency space is a highly speculative area that has consistently failed to comply with various laws, whether it be anti-money laundering laws, sanctions laws, or securities laws."

ChainCatcher News, during a video interview with CNBC, SEC Chairman Gary Gensler stated: "Bitcoin is a highly speculative asset, but 7 billion people around the world want to trade it. Just like we have had gold for 10,000 years, we now have Bitcoin."

ChainCatcher message, Gary Gensler announced that he will participate in the CNBC program tonight at 9 PM and will attend the Yahoo Finance program tomorrow at 4 AM (Beijing time).

ChainCatcher news, according to the soon-to-be outgoing chairman of the U.S. Securities and Exchange Commission (SEC) Gary Gensler, who stated in a media interview on Wednesday that the cryptocurrency space is filled with "bad actors" and is a "non-compliant" area, with market sentiment impacting it far more than fundamentals.Gensler emphasized that while Bitcoin accounts for 60% to 80% of the cryptocurrency market value, the remaining 10,000 to 15,000 cryptocurrency projects have also raised funds from the public, many of which ultimately fail, with a significant number of "pump and dump" scams and other issues.Gensler mentioned that he has achieved some results in the field of cryptocurrency regulation since taking office, continuing the work of his predecessor Jay Clayton. Over the past four years, the SEC has initiated about 100 enforcement actions in the cryptocurrency space, accounting for 5% of its enforcement work. He is proud of the SEC's regulatory efforts in the cryptocurrency field but believes there is still much work to be done.